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Alliant Financial Corp. in Birmingham, Ala., said Tuesday that it has hired a former BankUnited Corp. officer to become the chief executive of its bank.

First Commonwealth Financial Corp. in Indiana, Pa., on Tuesday restated its first-quarter earnings downward. With the restatement the $5.8 billion-asset company's earnings were 23% lower, at $5.2 million.

Wilshire Bancorp Inc. in Los Angeles is planning to raise up to $115 million in a public offering. The $2.8 billion-asset company said it plans to sell $100 million with an over-allotment option for another $15 million shares of common stock.

Polonia Bancorp's biggest outside shareholder on Monday demanded that the thrift company launch a second-step conversion.

Coming off a weak first quarter, BancorpSouth Inc. in Tupelo, Miss., announced Tuesday that it would close or consolidate 23 underperforming branches this year.

Trustmark Corp. in Jackson, Miss., announced Tuesday that it has named board member Daniel Grafton as chairman of both the company and its main subsidiary, Trustmark Bank.

Integra Bank Corp. in Evansville, Ind., said that another large loss in the first quarter has left its bank critically undercapitalized.

The $2.4 billion-asset company said late Friday that it had filed a registration with the Securities and Exchange Commission seeking approval to start selling stock in July.

Premier American Bank has become the most aggressive failed-bank buyer in Florida, distinguishing itself from the state's other private investor-backed groups by sticking to deals close to home.

First PacTrust Bancorp Inc. in Chula Vista, Calif., has hired Marangal Domingo to serve as its chief financial officer.

NexBank in Dallas is expanding into correspondent lending for banks and mortgage brokers.

WASHINGTON — Premier American Bank in Miami picked up another failed institution Friday, assuming the operations of Coastal Bank in Cocoa Beach, Fla.

International Bancshares Corp. in Laredo, Texas, said Friday that first-quarter earnings rose 5% from a year earlier, in part because of lower credit costs.

A federal court agreed Thursday to let the National Credit Union Administration submit records under seal, bolstering its case for the April 15 conservatorship of Vensure Federal Credit Union.

Standard & Poor's said late Thursday that F.N.B. Corp. in Hermitage, Pa., has joined its S&P SmallCap 600 index.

The newly chartered United Resources Federal Credit Union in San Dimas, Calif., plans to start soliciting for up to $250 million in new capital, the corporate said on Friday.

First BanCorp in San Juan, Puerto Rico, increased capital ratios slightly in the first quarter, though they remain below the levels mandated by regulators.

It takes special circumstances for one bank to foreclose on another, but such an event took place this year, leading to last month's sale of Generations Bank to National Bancorp.

NetSpend Holdings Inc.'s first-quarter revenue rose 16% from a year earlier, to $80.8 million, as the activity on its prepaid debit cards increased and more of its customers began using direct deposit.

Citizens Republic Bancorp Inc. in Flint, Mich., has agreed to create two new housing programs in Detroit as part of a settlement with the Justice Department involving violations of the Fair Housing Act and the Equal Credit Opportunity Act.